2012-08-20T13:21:54-05:00 2011-12-31 363990892 Capin Crouse LLP 972 Emerson Parkway Ste A Greenwood IN 46143 990 2011-01-01 364469008 Josiah Venture JOSI 6305805750 PO Box 4317 Wheaton IL 60187 Frank Fernandes 6305805750 2012-08-20 1 David C Moja P00747006 3178852620 2011 2016-02-24 21:20:13Z Dave Patty PO Box 4317 Wheaton IL 60187 7886569 0 X www.josiahventure.com X 2001 IL Christian leadership training & evangelism to youth throughout Eastern Europe. 9 5 70 1000 0 0 7054314 7751821 78017 118933 4861 15815 0 0 7137192 7886569 2008779 2468300 0 0 2538572 3337893 0 0 276663 1709608 1900168 6256959 7706361 880233 180208 3007068 3181754 10452 4930 2996616 3176824 To equip young leaders throughout Central and Eastern Europe to fulfill Christ's commission through the local church. 0 0 4450378 32085 118933 Developing national youth leaders, engaging in work with youth training and teaching the Bible particularly in countries of Central and Eastern Europe. Josiah Venture is currently doing ministry in Albania, Croatia, Czech Republic, Estonia, Hungary, Latvia, Poland, Romania, Serbia, Slovakia, Slovenia, and Ukraine. In 2011, Josiah Venture ministries shared the gospel with over 8,000 unbelievers, had over 11,000 students attend displemaking conferences, and trained over 5,800 leaders. 2436215 2436215 Operating grants to assist partnering overseas organizations. Josiah Venture currently partners with nine national partner organizations in Central and Eastern Europe. These organizations are in Albania, Czech Republic, Estonia, Latvia, Poland, Romania, Serbia, Slovakia, and Slovenia. 6886593 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 70 1 0 1 EZ 0 0 0 0 0 0 0 0 X 9 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI MD MN NH TN WI WV IL X Brian Stephens 6305805750 209 E Liberty Dr Wheaton IL 60187 H Phillip Vierling 1.00 X X 0 0 0 Frank Fernandes 1.00 X X 0 0 0 Dave Patty 40.00 X X 95802 0 8129 Jay Hughes 40.00 X X 47530 0 8141 Dann Spader 40.00 X 85775 0 67455 Steve Hudson 40.00 X 59176 0 55837 Scott Ardavanis 1.00 X 0 0 0 Marko Vukosavovic 1.00 X 0 0 0 Don Christensen 1.00 X 0 0 0 Mel Ellenwood 40.00 X 54554 0 8129 Brian Stephens 40.00 X 41184 0 8105 384021 0 155796 0 0 1 0 Cedarstone Partners 209 East Liberty Drive Wheaton IL 60187 Accounting & consulting services 188901 1 7751821 7751821 Conferences/retreats 900099 92556 92556 Other program revenue 900099 20287 20287 Applications Fees 900099 6090 6090 118933 15815 15815 7886569 118933 0 15815 32085 32085 2436215 2436215 539817 455953 52289 31575 2503531 2273346 143105 87080 140257 124330 10673 5254 154288 140632 8598 5058 17325 17325 12525 12525 112067 112067 49804 49804 260332 210918 26796 22618 60224 30112 30112 680012 579734 32109 68169 248924 210882 26355 11687 17861 17861 5010 1643 3367 Ministry expenses 409536 365464 44072 Miscellaneous 12718 11449 119 1150 JV Wide program expense 10649 10649 New missionary training 3181 3181 7706361 6886593 543105 276663 164965 632219 2439554 782166 310000 12750 47516 1000000 22638 18973 448578 57698 367161 390880 3007068 3181754 10452 4930 10452 4930 X 981263 1186122 2015353 1990702 2996616 3176824 3007068 3181754 180208 0 X X 0 1 1 X 0 X 5390115 6099234 6326250 7054314 7751821 32621734 5390115 6099234 6326250 7054314 7751821 32621734 1317392 31304342 95891 38865 15870 4861 15815 171302 1818 8238 11200 21256 32814292 211026 0.95400 0.95470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3683 3683 353432 353432 91463 57698 33765 390880 7886569 7706361 180208 180208 7886569 0 7886569 0 7886569 7706361 0 7706361 0 7706361 Description of Uncertain Tax Positions Under FIN 48: Part X: The combined financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the combined statement of activities. As of December 31, 2011, Josiah Venture had no uncertain tax positions that qualify for recognition or disclosure in the combined financial statements. 1 Europe (Including Iceland & Greenland) - 0 0 Grants to recipients located in region 2375815 Europe (Including Iceland & Greenland) - 10 59 Program services Training programs, evangelism, discipleship. 3618355 Russia & the Newly Independent States - 1 3 Program services Training programs, evangelism, discipleship. 295230 Sub-Saharan Africa 0 0 Grants to recipients located in region 30085 Central America and the Caribbean 0 0 Grants to recipients located in region 2000 Russia & the Newly Independent States 0 0 Grants to recipients located in region 60400 11 62 0 0 11 62 6381885 0 6381885 X Europe (Including Iceland & Greenland) - Program operations 1470918 Wire Transfer Europe (Including Iceland & Greenland) - Program operations 535860 Wire Transfer Europe (Including Iceland & Greenland) - Program operations 156590 Wire Transfer Europe (Including Iceland & Greenland) - Program operations 67670 Wire Transfer Europe (Including Iceland & Greenland) - Program operations 48296 Wire Transfer Russia & the Newly Independent States Program operations 60400 Wire Transfer Europe (Including Iceland & Greenland) - Program operations 36603 Wire Transfer Europe (Including Iceland & Greenland) - Program operations 40150 Wire Transfer Europe (Including Iceland & Greenland) - Program operations 11850 Wire Transfer Europe (Including Iceland & Greenland) Program operations 7878 Wire Transfer Sub-Saharan Africa Global Youth Initiative 27085 Wire Transfer 8 3 0 0 0 0 0 0 Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: All grantees must submit an annual report to Josiah Venture's governing board. These reports are monitored to ensure compliance with use of grant funds. On a rotating basis, different organizations give in-person reports at board meetings. Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: Expense reports are based on Generally Accepted Accounting Principles. All expenses are recorded/tracked under the accrual basis of accounting. Scheudule F, Part I and II: Part I and II of Schedule F includes $32,085 of grants given to US organizations with the intent to be used overseas. These grants to US organizations are reported on Form 990, Part IX, Line 1. The grants over $5,000 to US organizations for activities overseas are also reported on Schedule I, Part II. 1 Amazon Charities 305 Wood Duck Ln McKinney TX 75070 200291664 501(c)(3) 27085 Global Youth Initiative 1 0 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The board reviews the amount sent and a staff member overseas the relationship. Visits are made to be sure the funds are used as expected. X 1 1 X X 0 0 0 0 0 0 0 0 0 Dann Spader 85775 0 0 0 0 0 0 0 67455 0 153230 0 0 0 Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent accountant and reviewed by the organization's top management. Each board member will be given a draft of the reviewed Form 990 prior to filing. Form 990, Part VI, Section B, line 12c The conflict of interest policies are signed annually and reviewed each year by the governing body. Form 990, Part VI, Section B, line 15 Independent board members meet annually to discuss, document, and approve the president's compensation, which is considered for reasonableness using comparative data from the ECFA. The governing board appoints a finance committee to review and approve all other officer compensation packages, which also uses comparative data from the ECFA. All decisions are documented in the board minutes. Form 990, Part VI, Section C, line 19 Governing documents and financial statements for the organization are provided upon request. Form 990, Part XII, Line 2c: The Board assumes responsibility for oversight of the audit and is involved in the selection of an independent accounting firm. This process remains unchanged from prior year.